Far Eastone Telecommunications Co., Ltd. · TWSE:4904
Far Eastone Telecommunications — Q2 2025 Earnings Presentation
14 slides from Far Eastone Telecommunications's earnings presentation, Aug 6, 2025
Slide 1: 2025 2Q Investor Update
4904 (TWSE) 2025 2Q Investor Update Chee Ching, President Sharon Lin, CFO & Gary Lai, IR Far EasTone Telecom
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual results may differ materially from those expressed or implied by these forward-looking statements. Beca
Slide 3: FET 2025 2Q and 1H Financial Performance
FET 2025 2Q and 1H Financial Performance Continued YoY Growth Across All Lines, with Improved Margin % for Merger Synergy Item 2Q 2Q Ach. 1H 1H Ach. FY2025 Unit: NT$bn, YoY% Rate% YoY % Rate % Guidance except for EPS 2025 2024 2025 2024 Total Revenue 25.23 24.97 +1.0% 98% 51.27 50.72 +1.1% 100% 108.
Slide 4: FET 2025 2Q Financial Highlight
FET 2025 2Q Financial Highlight Total Revenue EBITDA Net Income 2Q Revenue $25.23B, a record 2Q EBITDA $9.39bn, reached a 2Q Net Income $3.37bn, high for the same period, grew all time high for the same 2Q marking an 11-year high for 1.0% YoY driven by steady the same period; with EPS of growth from
Slide 5: FET 2025 2Q Financial Metrics
FET 2025 2Q Financial Metrics Net Debt and Net Debt-to-EBITDA continues to improve post-merger Free cash flow remains strong Capex in line with 2025 guidance, $8.3bn Item As of As of As of Unit: NT$bn, unless otherwise stated 2Q 2024 4Q 2024 2Q 2025 Net Debt 45.23 44.64 33.13 Net Debt to EBITDA(x)(1
Slide 6: FET sets New Financial Records again in 1H25!
FET sets New Financial Records again in 1H25! Total Revenue (NT$bn) Operating Income (NT$bn) 11-Year-High Record High 8.5 50.7 51.3 6.8 6.8 7.3 43.3 41.2 38.1 40.3 42.6 44.0 6.1 5.9 6.1 5.0 FET #1 +1.1% YoY +16.7% YoY 1H18 1H19 1H20 1H21 1H22 1H23 1H24 1H25 1H25 1H18 1H19 1H20 1H21 1H22 1H23 1H24 1H
Slide 7: 2025 1H Revenue Breakdown & Performance
2025 1H Revenue Breakdown & Performance Mobile Service ICT & Fixed Business Rev YoY +1%, Margin YoY +2%, Rev and Margin YoY +4%, driven by: driven by: APT contract renewals delivered a ICT Revenue grew +8% YoY 14% uplift in monthly fees with ✓ SI Project ▲ 39% YoY well-managed churn; Revenue ✓ Secur
Slide 8: Sustaining Mobile Business Growth Post-Merger
Sustaining Mobile Business Growth Post-Merger Mobile Service Revenue Postpaid 5G Penetration NT$bn % FET #1 ▲2% YoY 45% 60.7 43% 51.9 30.1 30.7 32% 37% 47.7 48.4 49.8 22% 6% 2020 2021 2022 2023 2024 1H 1H 2020 2021 2022 2023 2024 1H 2024 2025 2025 Mobile Postpaid ARPU(1) Postpaid Churn Rate NT$/mont
Slide 9: 2025 2Q Enterprise ICT Highlight
2025 2Q Enterprise ICT Highlight Demand for Infrastructure Resilience boosted ICT contracts, 1H’25 new contract value ▲126% YoY; Smart City ▲157% YoY; 2Q key awarded projects are: Sustainable Smart City Smart Healthcare ✓ Advanced Metering Infrastructure ✓ Telemedicine Services and In-Hospital Proje
Slide 10: 2025 YTD Digital Services Highlight
2025 YTD Digital Services Highlight Growing Revenue & Subs Driving Transactions Across Services FET friDay Video maintains Payment Business (Direct Taiwan’s #1 local OTT, with Carrier Billing): Exclusive Korean content Strong YoY transaction driving a 20% Monthly growth driven by higher Increase in
Slide 11: 2025 YTD Strategic Investment Highlight
2025 YTD Strategic Investment Highlight Continue to Invest for Growth and Innovation Smart Energy IoT: invested in InSynerger to enhance energy, IoT, and AI capabilities, enabling smart buildings and EV charging. Over 800 IoT device types support Taiwan’s net-zero goals; Ecosystem expansion: Investe
Slide 12: 2025 2-3Q Major Honors and Recognitions
2025 2-3Q Major Honors and Recognitions Product and Service ✓ MOEA – 9th National Innovation Award – awarded an Outstanding Innovative Enterprise, the 1st time a telco received the award, with its 5G telemedicine project ✓ 2025 the Best Customer Service in Taiwan – Golden Award, the only company in
Slide 13: FET 2025 2H Priorities
FET 2025 2H Priorities Continue to: Complete Migration of APT Customers Launch New Offerings to grow mobile base and revenue Expand Digital/Essential Services Offering for Consumers Monetize Mobile Circle for Platform Economy Grow Smart ICT business with More AI-enabled Enhancement and syn
Slide 14: Q&A
Q&A For further Information, websites email http://corporate.fetnet.net Investor Relations http://www.fetnet.net IR@fareastone.com.tw
Far EasTone Telecommunications — Q2 2025 Earnings Presentation on 6ix